Paris Club to give Sri Lanka financing assurances amid IMF debt talks
The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.
The government has reportedly taken over the handling of the diplomatic issue regarding the Yuan Wang 5 ship directly through the Chinese Embassy in Colombo instead of going through the Sri Lankan mission in Beijing, Daily Mirror learns.
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